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About The Role of Monetary Policy in Investment Management
Although monetary policy is widely believed to influence investment performance, surprisingly little evidence exists to substantiate the nature or significance of the connection. In this monograph, the authors investigate and document the relation between monetary policy and investment performance. In examining the correlation between directional changes in the discount rate and various asset classes, they unearth surprising findings for U.S. stock returns in particular.
Detailed Information
| Author: | Robert R. Johnson, CFA and Jeffrey M. Mercer Gerald R. Jensen |
|---|---|
| Publication Year: | 2000 |
| ISBN: | 9780943205502 |
| Pages: | 72 |
| Language: | English |
| File Size: | 1.047 |
| Format: | |
| Price: | FREE |
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